Ships travel to and from the manufacturing and trading hubs of southern China through the Lamma channel, and it is still busy. But the ships once sitting heavily in the water, loftily loaded with containers, are now visibly higher in the water. There is less cargo moving around the world, so less need for ships. Hence, dramatically lower rates for hiring large ships, and so a growing crisis in world shipping.
Green Marine
about 17 years ago
World trade fall hits Hong Kong shipping
Ships travel to and from the manufacturing and trading hubs of southern China through the Lamma channel, and it is still busy. But the ships once sitting heavily in the water, loftily loaded with containers, are now visibly higher in the water. There is less cargo moving around the world, so less ne
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